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Wednesday, April 10, 2013

EUR-USD Technical Analysis 10 April 2013

Stochastic Settings:- Period = 5 | Average Period Fast = 7 | Average Period Full =7

Bollinger Bands Settings:- Average = 20 | Standard Deviation = 2

Date: 10 April 2013, Wednesday

Time: 9:17 PM (+8 GMT)

EUR-USD

Technical Indicators

4 Hourly

Daily

Weekly

Monthly

MACD

Up

Up

Down

Up

Full Stochastic

Up

Up

Down

Up

Bollinger Bands

Top

Top

Middle

Middle

Chart Formation

N/A

Head/Shoulder

Head/Shoulder

N/A

Market Direction

Up

Up

Down

Up

Market Comments

The short term perspective = Upwards Direction, Mid-Term perspective = Side Way,
Long-Term Perspective = Downward. The Head and Shoulder at the mid-term perspective formation is very important indicator that might trigger the continuation of long-term bearish trend